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's national security adviser secretly flew to china, beginning a string of meeting ises that would eventually open that isolated eastern nation to the western world. that opening checked soviet expansionism and in a sense was the beginning of the end of the cold war. >> that was the week that changed the world. >> it was also the beginning of china's entry into the world economy, which has resulted in that country becoming the world's second largest economy. but back then, the idea of a reproachment with china would have been rejected as pure fantasy. china was a radical revolutionary communist regime that had been fighting america and its allies across the globe. how did the decision come about in the midst of such intense opposition? what were the internal maneuvering that paved the way? the secret dealings that made it actually happen? who better to ask than the man himself, dr. henry kissinger. >> this is what the world looked like when you enter into the white house with richard nixon. the united states has had no relations with china. we have been implaquably opposed to this regime. ame
with modest gains. europe holding onto gains and china up nearly 3% over night as shanghai catches a break. our road map begins with a $20 billion deal. freeport mcmoran getting into the energy business making two acquisitions. plains exploration and mcmoran exploration. >>> concerns over the u.s. economy as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's
's best friend. >> this took place in china where the owner apparently fabted in the middle of a roadway. you can see security workers standing around. but look -- this dog refused to move from the owner's side. >> and it's a busy street, it's scary and a lot of noise and traffic. >> listen to the dog, it's barking like, wait a minute, somebody call 911, somebody go get help. >>> i think the dog has seen a lot of episodes of lassie. >> so finally, the ambulance shows up to help this person. they're lifting the person into the ambulance -- >> are they going to leave the dog? >> is the dog going to run into the street? >> take the dog with them. >> they have to put the dog in the ambulance. >> exactly. that's exactly what they did. they let the dog stay with the owner. >> waterworks, that's cute. >> i don't think a dog is going to be like, oh, cool, thanks for feeding me for eight years and taking me for walks, peace out. >> staying right there and probably in some ways, blocked traffic from hitting this person and -- >>> ha do do you if your flight is canceled and you're stuck in an airpo
. >> i don't think that's stuff -- >> lord, have mercy. >> they discontinued my china pattern. >> still buying china? whole sets of china? >> are you [ bleep ]. >> that one -- >> don't get your pantiness a wad. >> is there a different between a twist and the wad? >> wad means you are grumpy. >> best way to not get pregnant, keep an aspirin between your legs. >> what? >> hold an aspirin webetween yo legs you ket get pregnant. sheila watkins, you want to see, click on best of "rtm.." >>> it's video by air. >> drop your order right where you are. >> see how the burrito bomber works, next, "right this minute." >>> and still to come, it's a form of fighting that -- >> probably the most crazy, insane thing i've seen in my life. >> now hear what it's all about from the leader of what he describes as. >> a band of sweaty, smell you socks. >> and a kid with a strange you're on timeout leo! some things won't last 25 years. ah! woof! some things will. now's a great time to get at&t u-verse tv. make the switch. [ female announcer ] call now to get at&t u-verse tv for only $29 a month for 6 months,
on global sectors. i think we are going to see an asia-pacific-, china-driven market that we haven't seen in five years. and i see i.t., which is beaten down right now, but i would take a position in. i see industrials, which have good global exposure as a stock area that would put some money toward. and i think materials, the big material companies that have been beaten down by the china slowdown, are coming back. > a lot of people, i have been reading on the emerging market, they are saying if you don't have positions in emerging- market companies, you are going to be missing the boat, because a lot of upward growth potential lies there. > > it is true, but i would say that there is also emerging market debt, corporate debt, in companies like this, or sovereign debt in emerging markets is another place to look. i think there's a lot of tools to put money to work in the emerging markets, and i think people should use all of them. > what kind of balance do you think for a diversified portfolio should people be considering in this mix of different kinds of sectors? > > they certainly shoul
&t. ♪ >>> new report says china will soon out-rank the u.s. as leading economic power. china's economy growing at healthier pace forecasts by 2030, asia will surpass north america and europe combined of global power based on gross domestic product growth, investment in technology. >>> president obama will make his first comments later today in detroit on his one-on-one talks at the white house yesterday with house speaker boehner to dodge that fiscal cliff. yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which include wonder bread and twinkies. hostess closed last month. >> this morning the national transportation safety board confirms mexican-american singing superstar jenni rive
injured, actually knocked unconscious. >>> this video is out of east china. i have to warn you, it's really hard to watch. up see a large group of people pulling this rope together, and they're in this little pond off the side of the road, and you quickly notice what theray're trying to pull out. that is a van and unfortunately this van was carries 15 kindergartners to school on monday morning of this week. according to reports from the government, the driver of this van was speeding and this van ended up toppling over into this pond, and really heartbroken to say that 11 of the 17 children died as a result of this accident. >> here in this moment of the video you see some of the children's belonging, book bags, jackets, things like that, and you also see people in the water. this is, at this point they're trying to tie the rope to the van hoping to gelt get any survivors out. now, three of the children did die on scene. 12 were take ton a nearby hospital and eight of those children died while receiving treatment at the local hospital. >> why is anybody ever in so much of a hurry w
in captivity being studied in china. but this male penguin, the most dominant one on the screen, does something researchers have never seen before. >> is he playing momma? >> what? >> he swallowed the baby. >> he did, he just ate his baby penguin. whole. >> as researchers were watching the cameras, they saw this father penguin trying to feed the baby penguin. the baby wasn't eating so the father started pecking at the baby. and then just pulled it into its beak -- and swallowed it whole. >> a lot of animals in the animal kingdom. the males will eat the babies if they feel they're sick or unhealthy. >> most people agree that this kind of behavior never happens. >> this is really surprising. because a lot of people saw "march of the penguins." and saw the story about how penguins really care for the baby. >> in the penguin world it's the father who rests on the egg until the egg hatches, it's a huge job for the father and they're very involved in caretaking. >> was the chick alive? >> you do see the chick moving. >> you can see that it's moving. >> you do see it moving. >> they are currently tryi
on upbeat economic data out of china. postal workers are bracing for the busiest day of the year today. the post office expects to deliver a record-breaking 365 million packages, cards and letters this holiday season. and gas price plunge: the national average for a gallon of unleaded gasoline dropped 9 cents from last week to $3.28 cents. that is the sound of a new trading week ringing in. daniel stecich of tjm institional joins us on this monday morning. good morning to you. > > good morning. good to be here. > the stock market is beginning to feel like we are stuck daniel. is that true? > > i don't think we are necessarily stuck. we're just a little bit nervous. two things in play here right now: you have the holiday trades starting to come in, so volume starts taming down a bit, and also we still have fiscal cliff issues to deal with. but if you look at the underlying markets, there is a lot to trade off of. there are a lot of economic figures that we need to look at that, because of the fiscal cliff, we may not have paid too much attention to. > then my next question to you is, is
the time decorating with a christmas tree and stockings left behind from an earlier expedition. >> china has opened the world's longest high-speed rail line. it runs nearly 1,500 mi. from the country's capital and the north of guanmgzhou, in southern china. the line officially opened earlier this morning. trains on this high-speed online will initially run at 186 mi. per hour with a total travel time of about eight hours. before, the fastest time between the two cities by train was more than 20 hours. the chinese government plans to build a grid of high-speed railways which for east-west lines and for north-south lines by 2020. >> we will be right back. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new v
on the bus in china on december 12th, this woman right here, in a pink jakt gets on the bus with her 3-year-old child. she tells the people on the bus, that i'm having stomach pains, and she's going to the hospital. she's 39 years old, and nine months pregnant. . >> does she know that? >> she does, and she's feeling she is in labor. >> jostling the baby on the bus. >> that may have something to do with it, but eventually here on the bus, her water breaks. >> the bus driver brings into action. starts flashing his emergency lights, speeding toward the hospital, you see her push her pants down. >> she just pulled the baby out of herself? >> yes. >> someone pass the hand sanitiz sanitizer. >> someone passes her a blanket, a ambulance passes bye, and they flag it down, and they take mother and child to the local hospital. this was a baby boy, 7 pounds, 3 ounces. >> she pulled that baby out of her up and downs like a rabbit out of a hat. >> it all happened in 15 minutes, an labor for this woman? >> she is smacking that baby on the bus. >> you have to make sure nothing is blocking the baby's passa
in the world. >>> it's time for another edition of animal round up. today we start in northeastern china. this is the national preserve. guess what video cameras picked up. siberian tigers and lepers. this is out in the wild. by the way, in the middle of the action between tigers and lepers there is a fox. what is interesting about the fox the fox is like i think somebody is watching me. who is that? hey. let me get out of here. maybe the fox is doing the walk of shame and got caught. they believe that the father and daughter. >> daddy daughter time. >>> let's move to thailand where baby is having bath time. she got a new pool and mommy is trying to teach it how to jump in. she is like i am going to play with the trainer and mom. i love how trying to get into the pool -- >> it is a baby pool. i would think they dug a pool in the enclosure but it is a baby pool. >> mom is showing her how to do it. you stand in here and cool off. >> what is interesting is that these elephants live at the elephant nature parkture is an 80-acre preserve. the mom was brought there because she was a victim of
on sale today, in the world's biggest smartphone market, china. that country is hugely important to apple, which has seen its stock price slide lately. only the u.s., in fact, buys more apple products. and china accounted for almost $24 billion or about 15% of apple's revenues in the past year. >>> and it's no secret that apple and other tech companies pay well. it turns out even their interns are scoring big bucks at facebook. >> business insider reports facebook pays interns more than $5,600 a month. and that ends up being about $67,000 a year, yep, for being an intern. that's about $25,000 more than the average u.s. worker makes. >> here's your application. and i printed one out for me. >>> when we come back, the guests who got a lot more than they expected at one golden corral. >>> and some sad faces this morning in philadelphia, after yet another disappointing performance by those eagles. introducing nook hd - the world's best 7" tablet made for reading and entertainment. your favorite magazines and catalogs look better than ever. and with scrapbooking, you can save the things you lo
-s infrastructure and whether we should be spending some money to fix it. number five-- china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 20-20, for sure by 20-30. china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear it's both a competitor and a partner. number four-- europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three-- the housing market finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. investors began buying entire neighborhoods. but first-time buyers were also able to get a home of their own for the first time in years, as long as they had a hefty down payment. number two-- the election. more than just about obama and romney. it was about socialism and capitalism. it was about spending and cutting, about what kind of role government should have in your life. number one is the fiscal cliff.
into this year. yeah, you know what i'm talking about, china. how about that economy over there? after pausing because the government was busy whipping inflation, now, thank you, late gerald ford, now it's coming on strong. i think growth in china's accelera accelerating. the stock market might be the most undervalued in the world. the stock market entirely could be under valued. how many short sellers told you to do the opposite and sell that market? after the steam roller it's been of late, what exactly are the short sellers saying now? i don't know, i'm not hearing them clearly. i'm not listening. i'm not, no, i'm not hearing. europe and china both were supposed to slip into oblivion in 2012. that was the easiest story, everybody wrote it. turned out two fabulous places to invest. how about this housing market? most common worry, the dreaded shadow inventory. oh, the shadow inventory. >> the house of pain. >> so many banks and so many homes said the books could never recover. wasn't that the narrative? now, where are we? the shadow inventory turned out. the banks that were thought to be a t
because of the situation in china, where so many apple products are assembled by skilled workers. there's been trouble and cook traveled there after harsh criticism of poor working conditions and low wages. the situation was later parodied on "snl" by cast members who actually make up the heart of apple's demographic. >> oh, no, talk about apple now. it's no work, right? you want starbucks to take you to duncan dkin' donuts? >> china remains a major issue for apple and tim cook seems to have a ready answer for it. why can't you be a made in america company? >> this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we've been working for years on doing more and more in the united states. next year, we will do one of our mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said, get everybody out of china and do whatever you have to do, make these
technology -- to share with car makers in china. general motors contends the the information was worth at least $40 million dollars. prosecutors for the couple argued-- the insider info was not stolen and was useless for other car companies. a bill raising new jersey's minimum wage to $8.50 an hour is before the state's general assembly today for a procedural vote before it heads to governor chris christie's desk. the bill additionally stipulates that new jersey's minimum wage be adjusted automatically, up or down, tied to the consumer price index. the bill did not pass the state assembly last week with enough support to override an anticipated gubernatorial veto. here's a good reason why you might want to check what your references are saying about you.. a new career builder study notes, 62% of employers state that when they contacted an applicant's reference, that person had nothing positive to say about the candidate. three in ten employers say they have caught a fake reference on a job application. the study surveyed hiring managers and human resource professionals across indust
.s., the computers will be assembled. many are made in china. in the 1980s, they were made in fremont. in 1990, the production moved to elk grove in sacramento county. >>> lawyers for apple and samsung are scheduled to be back in federal court in san jose today. samsung wants the judge to throw out a billion-dollar judgment against it for infridgement and wants the judge to add $5 million of the award and -- apple wants the judge to add $5 million to the award. apple's stock, it is up nearly 1% after taking a big fall yesterday. >>> the grammy nominees were announced this morning and "fun" could get all top three awards for album, record and song of the year. "fun" shares a tally of six nominations with five other artists -- >>> the san francisco symphony also received a nod for best orchestral performance. mumm at 5:00, this -- >>> coming up at fock, this fresh and easy is one of the stores on the chopping block. the big impact this grocery store has had on one bay area neighborhood and the need to be filled when it is closed down. >>> thank you for tutting ktvu news. we'll see you the next t
agreements. even china and russia called it regretable. north korea says the rocket is on a peaceful commission carrying a weather missile into orbit. >>> a san jose family may have nightmares for weeks. a truck crashed into their apartment the isn't their 2-year-old daughter flying. terry mcsweeney is at scene. >> reporter: happy ending, but a bump road to that happy ending the pick-up truck went racing through that fence, through that wall, into the crib where the 2-year-old was sleeping. if you don't believe this story has a happy ending, take a look at this. you can understand why 2-year-old nala robbins is speechless this was her wake-up call 3:30 this morning, a pick-up truck slamming into the wall of her bedroom, hitting her crib knocking her to the floor. >> i jumped and grabbed her and she was in shock and started crying. >> reporter: her dad says he believes in angels. nala's mom cessna la is an angel or at least was -- was acting like one. >> her crib is broken in half and she just flew out with no scratches. >> reporter: the driver of the truck tried to leave but neighbor
is undervalued right now because of all the noise in europe, the fiscal cliff, and china. with that in mind, i think your best bet is to stay near normal valuations for 2013. > there is nothing you want to take off the table right now, right? take some profits home so you don't have to deal with the tax gains issue of next year? nothing? > > put it this way: i would rather be in financials and materials than i would be in energies and utilities. so if you are overweight in energies and utilities, perhaps sell that. i think the best group next year is going to be financials and materials. > run with the banks. good to have you on the show. that is larry shover of sfg alternatives. > > thank you. legislation dramatically shrinking the power of unions has won approval in michigan. last night, governor rick snyder signed two bills into law that change michigan into a right-to- work state. thousands of protestors for and against the measure staged demonstrations inside and outside the capitol in lansing, michigan. despite shouts from pro-union workers, the gop-led house okayed 2 bills that essenti
on an elementary school in china. first, this live look outside from san francisco you can see the paper urges overcast. the headlights on the bay bridge, ", chris, we will be back up the be- bridge and crisp bay bridge >> in central china... police have arrested a man who stabbed 22 children and one adult outside an elementary school on friday. the children are all between the ages of 6 and 11. none of them died, however two had to be sent to hospitals outside the country. no word on the condition of the adult victim, who is said to be an elderly woman. authorities have not identified a motive. there has been a string of similar assaults against schoolchildren in china. one in 20-10 killed nearly 20 kids and wounded more than 50. they have very strict gun controls in china. 8:42 we are going to check in with jan wahl. >> that is what we are going to do it is a difficult time during this tragedy. but comedy can be something that will make us feel better and give us some health and life goes on. we will talk about the kosher comedy and how much fun it is during the comedy. stay tuned. o >> i l
with co-dependency disorder. they say their daughter is a good actor catered to all her life. >>> china has passed a new law requiring peep to visit their parents. the new -- requiring people to visit their parents often or risk being sued it doesn't specify how frequently there should be such visits they say it is aimed at helping seniors who feel -- who feel neglected by their kids. >> we'll move on. mike is here. >>> we are going to talk about wet weather, we are going to talk about how it will not create what we are seeing here, this is part of a scenic hiking trail that connects baker beach with the golden gate bridge closed due to erosion park self has blocked after off the section of the trail that runs along side lincoln boulevard north of the pacific overlook in san francisco, signs are posted to warn hikers and bikers to take cult knits while engineers work on a repair -- to take alternates, while engineers work on repair.q we wanted to let you know that was happening before the weekend. here we look from -- yeah, we are looking from vollmer peak in the east bay hills camera l
. ♪ >>> this is surveillance video from inside a subway station in shanghai, china, and you're going to love what happens. pay attention to this man. police determined that he was a fugitive, he was on the run from the law, and they thought he might have weapons. the guy runs away. the cops high-tailing it after him. they're running through the hallways of this subway station. but watch what happens. coming around the corner -- >> yeah! the high school hallway trip. >> a citizen to the rescue by sticking out his left foot, tripping the guy. he goes down, flies across the floor. the policeman appear prenrehend. this guy is going down. watch again from this other angle of the fall. look how hard he eats this. >> and he fell like ten feet. it was the longest fall ever. >> the citizens are calling this guy golden left foot. >> do you think they give that guy a gold star or medal? >> i hope you get something. >> he should get a gold left foot trophy. >> yeah, t-shirt with a thumbs up on it or toe up. >> who's awesome? this guy. >> yeah. >>> this next video just proves that you never know who is watching on the int
. >> you can hear and talk to players you might be playing against in china? >> exactly. >> my favorite company that makes gaming headsets is turtle beach. i have a turtle beach headset i love it. they rang in cost from $30 to $300, depending on what you want to spend. >> thank you, zach. >> good stuff. >> a video with a message for those preparing for end of the world. >>> get it while you can. >> oh my gosh! [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included, free for life. [ male announcer ] you get reliable, high speed internet on our advanced digital network
will improve over the next three to four years, better sales, more construction and higher prices. china now has the longest high speed rail line in the world more than 1400 miles. trains began traveling this morning. top speeds of 200 miles an hour. that's america's money, . -- >>> good morning. you are looking live from sutro cam it is raining out there, going to be in most places right now heading from san francisco into south san francisco and alameda. >>> san francisco's city officials could pay municipal workers to take better care of themselves to save on health the city is trying to come up with a plan in response to a study that phone 66% of workers were overweight or 0 -- that found 66% of workers were overweight or obese, so were their children. >>> severe storms swept part of the country yesterday triggering more than#tgñ 30 tornadoes. dreams of a white christmas came true but caused major travel headaches. wendy gillette joins us live from new york with the latest. >> reporter: good morning. there are now reports ofíÑxeo 34 tornadoes spawned by this storm system. the national
pickpocket. >>> number four, big trouble in communist china. everybody thought one of the most powerful politicians in china party chief boojili was getting rid of crime and corruption till this summer when a court convicted his wife of murdering a british business man and the government accused him of trying to hinder the investigation as well as taking bribes and abusing his power. now he's been kicked out of the communist party. leaders voted to expel him in november number three, a service becomes not so secret. the role of protecting the president when he trabs abroad has moments of glamour and excitement. that included hookers for some is secret service agents and military personnel visiting cartagena in advance of the president's arrival last april. it won't have bothered colombian authorities since prostitution sgs legal there. local police only got involved because of a hotel altercation between a woman and a secret service agent over the payment. number two, it's been called the building that never sleeps but the bbc's london headquarters says it was completely unaware of the
year old yuee y ao who was visiting her new grandchild from china. the judge sat at unisys bail at $2 million. if she posted she must wear a scram device to make sure she does not drink and she is not allowed to drive. she will be back for our arraignment on december 31st. approval ratings for president obama and his cabinet i mixed. a new poll shows 52 percent of people surveyed approve of the president's performance while 43 percent disapprove. vice-president joe biden number is wet and art but in line with the president. 54 percent approved is the performance of 40 percent do not. presley michelle about has a 73 percent approval rating. >> and delta also the majority of americans support stricter gun laws but mostly against banning assault weapons. 58 percent of americans now say they support stricter gun laws and that is up from 43% in october 2011. the american public is split on enforcing existing gun laws instead of passing new ones 46% of the public wants and forced her loss of 47 once new legislation. education officials and officials at santa cruz city schools are expected t
you love -- stronger, bigger, or hotter -- with the keurig vue. >> coming up my china on 'dine and dish' and we will have the best coverage of the new year's eve live... ♪ because we know how much you do to make the holidays just right. from ornaments to ottomans, memories are made with ikea. >> jacqueline: the top story tonight is the rain fall. through san rafael, some light rain but it has been fairly dry. that does not allow the rain to really hit the ground with light to sprinkles over san francisco. and the north bay coast. but most of this rainfall will remain offshore. the core of this storm will be along the southern california but it will largely be off store. the futurecast showing that it will be pushing through by 8:00 perhaps that time that it could be a little bit later a more moderate rainfall through the north bay, oakland, hayward and the san mateo coast. midnight, it will taper off. however on saturday dry and monday should be drawing. eight wonders a chance of showers and a mainly to the north. try all the way till tuesday. >> and oaklandon three people we
,000 stores in the next five years. that was yesterday. growth overseas is picking up. china and asia pacific will have nearly 4,000 locations by the end of 2013. shares of the company up about 20% over the past year, nice move there but off the highs of the year. so we have these worries about the fiscal cliff, they seem to be holding, the markets or at least the psychological of a lot of investors hostage. so once the dust finally settles, what's the s&p's next move? joining us now in a fox business exclusive, not just the s&p, bill, right? bill strazzullo's joining us, chief market strategist at bell curve trading. good to see you. >> good to see you, liz. look, i think -- go ahead. liz: no, i was just going to say, you know, it's not just the s&p, but, of course, that's the broad indicator of what a lot of people look at and invest in, so how should they be viewing this on a day-to-day basis? >> the first thing you have to do, liz, is just be very disciplined. we've had a really nice run mapping out buy and sell levels and not getting caught in the between moves. for instance, right after
are most proud of is the fact that we still import more product from europe than we do from china. so you are talking about artisan product, product that has a story to it. that's special. you don't see that in retailing in america. >> reporter: stores like sur la table are expected to be one of the few bright spots in an otherwise lackluster holiday season for merchants. in fact, some experts think home goods will be hotter than toys this holiday season. ibm projects home goods will see the strongest sales growth this year, up over 6%. that's far more than toys and electronics. >> you may ask yourself, why home? we think home is up because of a lot of things-- things like the changing demographic of the home itself. there's a stat that says that 41% of those between 25 and 29 are living back at home. >> reporter: but there also a second reason. >> we think that this holiday people are buying what they need vs. what they want. >> reporter: which had me wondering what's on jack schwefel's wish list this holiday season. it wasn't this $5,500 coffee maker. >> there are some new knives that i
or the executive branch can nullify a statute passed by congress. >>> no secret china is coming on strong as a global power. but a new u.s. intelligence report predicts how far and fast china will move. >> the national intelligence council says by 2030, just 17 years from now, china will likely have passed the u.s. to become the world's largest economy. the report says that overall, asia will top north america and europe with population, military spending and investing in technology. >> and one of the bright spots for the u.s., we are expected to become energy independent and the world's largest exporter by the year 2030. people talk about china and their booming economy over there, and this quantifies just how fast they are coming on. pretty amazing. >> the world's population is projected to rise to 8.3 billion from 7.1 billion. and demand for food will go up 35%, and demand for water, 40% more than current water supplies, making water a likely cause of regional conflict, particularly in south asia and the middle east. water and food. there's not going to be enough for us. >> what a brig
share their missile technology. >> what about ally, china? china -- >> that was a big surprise. >> let me quote, expressed regret, quote/unquote. regret from china? >> china has been their backer, tried to support them quietly in all these talks. but for them to come out today and say we regret that this happened -- >> north korea further isolating themselves. >> further isolating themselves and look at this from another perspective they didn't fire it anywhere close to japan because the japanese have set up anti-ballistic missiles and they have told the north koreans, we will shoot them down. remember what the fundamentals are of this north korean missile program. first of all, they'll sell it to anybody that has the cash. but second of all, it is blackmail. give us money for food, give us money for technology, give us money, give us energy, give us oil, otherwise we may kill a whole lot of people. we're going to be out there with that threat and they will be appeased. strategy isn't working with the south koreans. isn't working with the japanese. other asians are now lining up. they'
china' is modern chinese food. right before your very eyes. >> people want to come here and they want to taste our food. and you can sit up close. with a giant and to check up this call is longevity them with a wonderful memories. we want them to come here and have a dining experience. we want them to come back again and again and again! >> she has been here three times in one week. >> i like this very much i am experimenting. >> the black truffle dumpling. and a giant ancient bell he shakes it up. my giant is the crab and the veggie noodles www.kron4.com enjoy life! vicki liviakis... >> coming up the madness around union square. it's >>catherine: the bay area's favorite way to ring in the new year. is always with kron 4. we'll have the biggest parties and best fireworks. i'll be hosting new year's live with gary radnich. it should be a lot of fun. see you on new year's live - starting at 11:30. [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's
is around china right now. this year norad has partnered with the mapping service to help show santa's stops around the world. >> how does he go so fast. that is crazy. >> i think there is magic involved. >>> well, we want to remind you there are 15 minute delays due to residual affects and you may still be experiencing delays. let's look at the san mateo bridge, the right-hand side is moving nicely into foster city and on the opposite side. they are experiencing congestion because of an earlier crash but there are still delays so give yourself some extra time. >>> sunday's storm has pulled out of the area but not before giving us quite a bit of rain. keep in mind, this is a storm in a matter of three days, and two and three 10th over redwood city. >>> a search and rescue operation will resume in marin county and what happened just
of an action at this brand new hot spot. >> my china. martin yen! the modern chinese food right in front of your eyes. >> we want you to come here and taste our food and then they want to discover. >> watch knodell master's noodle masters! even while blindfolded. and take a look at this and the nitty noodle in affinity infinitely an affini in affinity infinity noodle and the kung pau crab and the longevity and the fire in th wok cocktail. www.kron4.com (speaking foreign language) >> indoor life, good food, good wine. >> witenjoy -- life >> what we can expect for sunday, coming up. ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. >> this live look. with chilly temperatures tonight, concord, menlo park. and there are a lot of places, and petaluma, and the north bay, was already in the 30's. the coldest readings will be below freezing. that will be below 32 degrees. and the sierras, certainly, cold with snow showers
. >>> an ordinary day at a shopping center in shanghai, china, until this. >> whew! >> that is a 33-ton aquarium in the shopping center bursting. the aquarium is home to many live sharks. >> oh, heck no! >> this thing is only a few years old, and it's become quite an attraction, because people come and watch the divers feed these sharks. when this thing cracked, 15 people were injured. most because of the broken glass, but there was a guy taking a picture and other people standing right close by when this glass broke and this water came rushing. this thing was pretty sizable. 22 feet long, 9 feet high. you can see in this video some of the damage that was caused. people were just washed away, rushed away by these waters. and you see some of the sharks. i feel bad. >> still flapping. look, the sharks are still moving. look atthem. >> yeah. three lemon sharks died in smalt didn't make it from this accident. >> do you know what caused the weakness of the structure? why this thing would just collapse like this? >> right now local police are investigating, but there's no clear answer as of yet, but s
would be short yen and long japanese stocks. >> people watching not just january but china. ir ir ir iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in
,500. >> here at the viewers e- mail we had something from ronald who stated what we invest in china? >> yes. they have a new premier coming up but the leader of the country and he has plans that he would not send a few weeks. >> i would not buy an individual company in china but a fund. >> good nose for the golden gate bridge all lands have open back up but as you look at the left center of your screen there is a stall in the back up northbound. though the recovery. i will have more and we return. >> welcome back. we are still looking at a major title for the golden gate bridge. moments after that accident was cleared and all the lands or them. there are two stalls in the northbound direction and once again golden gate bridge has to be stopped in the northbound direction while they worked to clear these 2 cards. >> traffic is jammed up to the marin county and this is just one of many hot spots and i will have the rest will we continue. [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] mi
more cooperatively to counter china. so certainly senator kerry, if he becomes the next secretary of state have a full plate. >> what was he like in terms of his personality? i covered him in 2004 when he was running for president in george w. bush and he was not really able to relate or identify to everyday folks, but he has quite a reputation overseas and abroad. overseas and abroad he has a reputation for knowing issue and he has relationships with a lot of world leaders and it was senator john kerry who convinced afghan president hamid karzai to go for a runoff election when the presidential elections were in question and i think he's going to be able to relate to leaders suft as secretary clinton did as a politician when these leaders are having problems compromising to say, listen, i'm in your seat. i know where you've been and run for office before and i think that will serve him well. here in washington, he is seen as someone who is very confident and on top of his brief and also someone who likes to control issues, and such as the middle east. he's someone who drills down
grandchild from china. eunice's attorney tells us. her client is studying to become a police officer. and what she is accused of does not match her character. >> she is someone who is never been in trouble before. portia's 1/4 short of the graduation from college. there are things that their family has gone through the probably has a lot to do with the full picture of how everything happened to the way it did. >> vicki: if she posts it. she must wear a scram device. that checks to make sure she does not drink alcohol. and is not allowed to drive. eunice will be back in court for her arraignment on december 31st. >> new data base of molestation by a boy scouts of america. and employees. where the abuse was reported coming up. >> vicki: then. snow fanatics are heading to the sierras to take snow fanatics are heading to the sierras to take advantage oflook at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty second
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